I have to share with you this:
The link to the RTE piece on this research is here.
The link to my analysis of Irish Manufacturing PMIs which, according to the KBC Bank Ireland/Chartered Accountants Ireland Business Sentiment survey, is the sector constrains growth as opposed to domestic services that allegedly support growth is here.
Updated: Today's Services Sector PMI release for Ireland confirms my criticism of the Confidence Survey with Service sector posting a third consecutive month of decline in activity 49.1 in July from 49.7 in June. Thus, we now have: 3 consecutive months of expanding PMI on Manufacturing side, 3 consecutive months of contracting PMI on Services side. Largest decline in Services (44.5) was in domestically-focused Business Services segment.
The link to my analysis of Irish Manufacturing PMIs which, according to the KBC Bank Ireland/Chartered Accountants Ireland Business Sentiment survey, is the sector constrains growth as opposed to domestic services that allegedly support growth is here.
Updated: Today's Services Sector PMI release for Ireland confirms my criticism of the Confidence Survey with Service sector posting a third consecutive month of decline in activity 49.1 in July from 49.7 in June. Thus, we now have: 3 consecutive months of expanding PMI on Manufacturing side, 3 consecutive months of contracting PMI on Services side. Largest decline in Services (44.5) was in domestically-focused Business Services segment.
